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Tesla Stock Falls On Unusually High Volume (TSLA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK (
TheStreet) --
Tesla Motors (Nasdaq:
TSLA) is trading at unusually high volume Wednesday with 4.1 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down $3.57 (-8.1%) at $40.77 as of 1:41 p.m. ET.

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Tesla has a market cap of $5.03 billion and is part of the consumer goods sector and automotive industry. Shares are up 30.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Tesla as a
hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. You can view the full
Tesla Ratings Report.